Post
Topic
Board Altcoin Discussion
Re: Hack any wallet?
by
landoffaucets
on 27/09/2019, 17:26:55 UTC
So there are 12 words chosen from thousands to recover any wallet.

If you iterate through random word combinations you will eventually generate a wallet that exists, correct?

I know the number of combinations is astronomical. But in theory if you keep generating random phrases, you might eventually stumble upon a wallet holding millions?


Here is the answer for you: https://www.reddit.com/r/CryptoCurrency/comments/4g1228/how_many_bip44_wordlist_combinations_of_12_words/

It was said many times that with our classic (non-quantum) computers, it would take billions of years to figure out a specific word combination.